Carré Chêne: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Carré Chêne
Largest movements
- Cash +€51,338
up €51,338 (+1,366%), from €3,757 to €55,095
mainly Trade debts (+€163,277) and Depreciation (+€69,260)
- Receivables within one year +€40,859
up €40,859 (+33.0%), from €123,878 to €164,737
of which Trade receivables: +€22,042
- Trade debts +€163,277
up €163,277 (+205%), from €79,708 to €242,985
- Other debts -€53,251
down €53,251 (-47.6%), from €111,755 to €58,505
- Current portion of long-term debt -€16,949
no longer reported in 2025 (was €16,949)
- Tax, wage and social debts -€14,773
down €14,773 (-76.4%), from €19,340 to €4,567
- Profit (loss) carried forward +€13,431
up €13,431 (+12.6%), from €106,609 to €120,040
- Gross operating margin -€26,103
down €26,103 (-21.7%), from €120,173 to €94,070
- Other operating charges +€6,330
new in 2025: €6,330
- Taxes -€5,387
down €5,387 (-54.1%), from €9,953 to €4,567
- Depreciation +€1,602
up €1,602 (+2.4%), from €67,658 to €69,260
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,833 | €431,097 | +€89,264 | +26.1% |
| Formation expenses | 20 | €513 | €257 | -€257 | -50.0% |
| Fixed assets | 21/28 | €207,713 | €205,043 | -€2,669 | -1.3% |
| Tangible fixed assets | 22/27 | €207,713 | €205,043 | -€2,669 | -1.3% |
| Land and buildings | 22 | €12,515 | €9,191 | -€3,324 | -26.6% |
| Plant, machinery and equipment | 23 | €135,357 | €101,301 | -€34,055 | -25.2% |
| Furniture and vehicles | 24 | €59,841 | €94,551 | +€34,709 | +58.0% |
| Current assets | 29/58 | €133,607 | €225,797 | +€92,190 | +69.0% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €123,878 | €164,737 | +€40,859 | +33.0% |
| Trade receivables | 40 | €118,794 | €140,836 | +€22,042 | +18.6% |
| Other amounts receivable | 41 | €5,084 | €23,901 | +€18,818 | +370% |
| Cash at bank and in hand | 54/58 | €3,757 | €55,095 | +€51,338 | +1,366% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,964 | -€7 | -0.4% |
| Total equity and liabilities | 10/49 | €341,833 | €431,097 | +€89,264 | +26.1% |
| Equity | 10/15 | €111,609 | €125,040 | +€13,431 | +12.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,609 | €120,040 | +€13,431 | +12.6% |
| Amounts payable | 17/49 | €230,224 | €306,057 | +€75,833 | +32.9% |
| Amounts payable within one year | 42/48 | €228,624 | €306,057 | +€77,433 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €16,949 | - | -€16,949 | |
| Financial debts | 43 | €871 | - | -€871 | |
| Credit institutions | 430/8 | €871 | - | -€871 | |
| Trade debts | 44 | €79,708 | €242,985 | +€163,277 | +205% |
| Suppliers | 440/4 | €79,708 | €242,985 | +€163,277 | +205% |
| Taxes, remuneration and social security | 45 | €19,340 | €4,567 | -€14,773 | -76.4% |
| Taxes | 450/3 | €19,340 | €4,567 | -€14,773 | -76.4% |
| Other amounts payable | 47/48 | €111,755 | €58,505 | -€53,251 | -47.6% |
| Accrued charges and deferred income | 492/3 | €1,600 | - | -€1,600 | |
| Remuneration, social security and pensions | 62 | €111 | - | -€111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,658 | €69,260 | +€1,602 | +2.4% |
| Other operating charges | 640/8 | - | €6,330 | +€6,330 | |
| Gross operating margin | 9900 | €120,173 | €94,070 | -€26,103 | -21.7% |
| Operating profit (loss) | 9901 | €52,404 | €18,480 | -€33,924 | -64.7% |
| Financial income | 75/76B | - | €149 | +€149 | |
| Recurring financial income | 75 | - | €149 | +€149 | |
| Financial charges | 65/66B | €1,266 | €632 | -€634 | -50.1% |
| Recurring financial charges | 65 | €1,266 | €632 | -€634 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €51,139 | €17,998 | -€33,141 | -64.8% |
| Income taxes | 67/77 | €9,953 | €4,567 | -€5,387 | -54.1% |
| Profit (loss) for the period | 9904 | €41,186 | €13,431 | -€27,754 | -67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,186 | €13,431 | -€27,754 | -67.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.